Billion-dollar gold dream lures mining and movie maverick out of hiatus
Frank Giustra aims for hat trick with Leagold Mining in Mexico. Bill Clinton pal sees ‘major’ gold producer within four years.
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Panel looks to overhaul Canadian oil and gas project approvals
Only after a project got a conditional yes or no from the federal government would it enter a two-year environmental review.
Swedish miner begins massive relocation of whole city
While some residents of Kiruna have moved already, the first of the town’s historic buildings has just been hoisted up on a truck and transported to its new location.
Super power: Are rechargeable batteries transforming the mining sector?
There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.
Anglo Asian Mining back in the black as copper output doubles
Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.
Yancoal seeks expansion in Hunter Valley with $710m bid for Mitsubishi’s mines
Company wants to become Australia’s largest independent coal producer.
De Beers’ Forevermark brand inscribes its 2 millionth diamond
The a 3.48 carat round brilliant, mined, cut and polished in Namibia, that now bears a ‘2,000,000’ imprinting.
Silver price: Hedge funds and retail investors part ways
Large scale futures speculators cut bullish bets on a rising silver price to a 16-month low while silver ETF investors gorge on metal at bargain prices.
Iron ore price drops to 7-month low
Chinese stockpiles at new record high and sovereign debt downgrade worry investors.
